Kodesage raises £1.9m in pre-seed funding led by PortfoLion Capital Partners to modernise legacy software.
PortfoLion Capital Partners led the pre-seed round to help Kodesage accelerate platform development.
Kodesage helps heavily regulated enterprises modernise legacy software securely on-premise without exposing sensitive code to public cloud AI tools.
Kodesage has secured £1.9m in pre-seed funding to accelerate platform development and expand its market reach. The investment round was led by PortfoLion Capital Partners, with participation from several prominent angel investors including former UiPath executives. The capital will be deployed to enhance the company's AI-driven software modernization platform as it scales operations with current paying customers and active pilots.
From the founder
"At Kodesage, we believe understanding and modernizing legacy software shouldn't feel like an endless uphill battle. Our AI-powered platform empowers teams to simplify and secure modernization efforts, allowing organizations to focus on building future-ready solutions instead of wrestling with technical debt."
Gergely Dombi
co-founder and CEO at Kodesage
Investor perspective
"We've seen thousands of teams over the past two decades helping enterprises with their modernization efforts, focusing on what was productizable before the current generative AI wave. The AI toolkit that has emerged over the past two years has now opened up a new, even more painful part of the legacy stack for modernization in a venture-scalable way. We couldn't be more excited to team up with such a perfectly assembled founder team—György, Gergely, and Miki—to tackle this incredible opportunity."
Márk Pálfalvi
Principal, PortfoLion
Use of funds
- 01Continue product development
- 02Accelerate go-to-market